What’s the best way to set goals?

Charlie Munger (Vice Chairman of the Board of Berkshire Hathaway Inc)
The Tension Created By Stretch Goals

There are two lines of thought. A whole bunch of management gurus say you need BHAGs — bold, hairy, audacious goals. Then there’s another group that says that if you make the goals unreasonable enough, human nature being what it is, people will cheat. What people generally do is give people the unreasonable goal and tell them, “You can’t cheat. ” That is the American system in many places. I’ve got no answer to that tension. Low goals do cause lo… (read more)

What’s the best way to set goals?

Eric Barker (Founder at StubHub)
How To Be Successful: 6 New Shortcuts Backed By Research

Perhaps most importantly, when you think 10x instead of 10%, you behave differently. Research shows when you set bolder, more audacious goals you work harder than when you’re reasonable. Subconsciously, we actually push ourselves harder when we’re going after bigger, loftier, harder goals. Research shows people who set higher goals end up outperforming their peers or themselves because they push themselves harder or because they force themselves … (read more)

What’s the best way to scale your organization?

Joe Gebbia (Co-Founder & Chief Product Officer at Airbnb)
How Design Thinking Transformed Airbnb from a Failing Startup to a Billion Dollar Business | First Round Review

At Airbnb, the company encourages new employees to ship new features on their first day at the company. It earns them their sea legs and shows that great ideas can come from anywhere. This approach yields results in unexpected ways.

What’s the best way to scale your organization?

Jerry Colona (Founder @ Reboot.io)
The Management Team – Guest Post By Jerry Colonna – AVC

To me, the hardest part of scaling people is learning to lead your self. We forge our truest identity by facing our fears, our prejudices, our passions, and the source of our aggression.

What’s the best way to run your meeting?

Ev Williams (CEO of Medium, Co-founder of Twitter)
How to End Every Meeting — Medium

End every meeting with a “closing round. ” In a closing round, you go around the room and give everyone a chance to comment on the meeting. There is no discussion or back-and-forth allowed. It creates more mindfulness about what just happened—and how things might go better next time. And it lets you know where the group is at emotionally, as well as potential issues to follow up on that weren’t strictly part of the proceedings.